PE HUB Second Opinion

In Second Opinion, Facebook is planning on building a $500 million data center in Texas, police raid the home of Subway pitchman Jared Fogle and Horizon Pharma makes a hostile $2.1 billion bid for Depomed.


PE HUB First Read

First Read kicks off your morning with news that Saudi Arabia will be investing $10 billion in Russia, Uber seeks police protection in Johannesburg and Bill Cosby admitted in a 2005 deposition that he got drugs to use on women he wanted to have sex with.


Airtable pulls in $7.6 mln

Database provider Airtable has secured $7.6 million in funding, the company announced in a blog post on its site. CRV led the round with participation from Caffeinated Capital, Crunchfund, Data Collective, Founder Collective and Freestyle Capital. Other investors included Brennan O’Donnell, vice president of sales and customer success at SurveyMonkey; Ilya Sukhar, founder of Parse and director of product management at Facebook; Othman Laraki, co-founder of Color Genommics; and Joshua Reeves, CEO and co-founder of ZenPayroll. In addition to the funding, Francis Larkin has been named vice president of growth.

ActionSprout picks up $1.7 mln

ActionSprout, which provides tools for nonprofits seeking to use Facebook to reach more people, has raised $1.7 million in funding. Oregon Angel Fund led the round with participation from other investors that included Bellingham Angel Fund and Portland Seed Fund. Also, ActionSprout has named Chris Finley, co-founder of SurveyMonkey, to its board of directors.


SurveyMonkey scores $250 mln

Palo Alto, Calif.-based online survey platform SurveyMonkey has secured $250 million in funding. The investors included T. Rowe Price Associates, Morgan Stanley Investment Management, Baillie Gifford & Co, Tiger Global Management, ICONIQ Capital, Google Capital, Social+Capital Partnership and Laurel Crown Partners. Allen & Co. was financial advisor on the transaction.


SurveyMonkey buys Fluidware

SurveyMonkey, which is backed by Spectrum Equity, has acquired Fluidware. Financial terms weren’t announced. Ottawa-based Fluidware provides online survey and application review tools.

Google launches growth stage initiative Google Capital

Google on Wednesday launched Google Capital, a growth stage initiative designed to complement its venture capital arm, Google Ventures. Google Capital will be led by partners David Lawee, Scott Tierney and Gene Frantz, and, according to a Bloomberg report, has $300 million to invest.

TPG Capital and SurveyMonkey To Buy MarketTools

TPG Capital and SurveyMonkey, which is backed by Bain Capital Venture Partners, have agreed to buy MarketTools. Financial terms weren’t announced. Terms of the deal call for TPG to buy MarketTools and transfer Zoomerang, ZoomPanel and TrueSample businesses to SurveyMonkey in exchange for a minority stake in SurveyMonkey. TPG will retain the Research Solutions and CustomerSat businesses.

SurveyMonkey Buys 49.9 Percent Of Clicktools of Palo Alto, Calif., acquired a 49.9 percent interest in Clicktools, a U.K.-based survey provider on’s AppExchange. The companies plan to form a partnership that will offer cloud-based survey tools integrated with Salesforce CRM. SurveyMonkey is backed by Bain Capital and Spectrum Equity Investors.

Spectrum & Bain Buying SurveyMonkey

Spectrum Equity Investors and Bain Capital Ventures have agreed to acquire a majority interest in SurveyMonkey, a Portland, Ore.-based provider of of online survey solutions. No pricing terms were disclosed for the deal, which included leveraged financing from Bank of America, CIT and NewStar Financial. Dave Goldberg will take over as CEO, after having spent the past two years as an entrepreneur-in-residence with Benchmark Capital.

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